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Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.Flipkart, founded in 2007 by two former Amazon employees, has been in talks in recent weeks to raise up to $1 billion.The company said it raised the $700 million from new investors including Baillie Gifford, Greenoaks ...
New Delhi: The government was "extremely determined" to push insurance sector reforms and would not allow parliamentary disturbances to stop it, Finance Minister Arun Jaitley said Saturday. "Today the choice is clear. You either reform or miss the bus once again, and if the latter were to happen, a whole generation will not pardon us," Jaitley said in his inaugural address at industry chamber Ficci's ...
Gold prices recovered by Rs 85 to Rs 27,310 per ten grams at the bullion market in the national capital on emergence of buying by jewellers and retailers at prevailing levels even as the precious metal weakened overseas. However, silver remained under pressure on sluggish demand from consuming industries and fell by Rs 460 to Rs 36,140 per kg. Traders said emergence of buying by jewellers and retailers ...
Gold prices bounced back at the domestic bullion market here on renewed offtake from jewellery traders and retail consumers amidst good local buying interest ahead of the year-end festivities and wedding season. Elsewhere, silver also regained some lost ground after a sharp overnight plunge owing to heavy speculative demand. Standard gold (99.5 purity) rose by Rs 40 to settle at Rs 26,895 per 10 grams ...
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